Cisco Snaps Up Jasper Technologies, Filling the Cellular Gap in IoT Stack

Cisco Snaps Up Jasper Technologies, Filling the Cellular Gap in IoT Stack

Proposed $1.4 Billion Acquisition to Allow Cisco to Complete its IoT Stack, Open Up Addressable Market

RELEASE DATE
09-Feb-2016
REGION
Europe
Research Code: 9B06-00-0D-00-00
SKU: TE03499-EU-MR_17042

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Description

Cisco has moved to snap up privately held Jasper Technologies with a proposed acquisition of $1.4 billion, which is believed to be as much as 20 times the company's annual revenue in 2015. Describing the move as a huge step forward for Cisco, Rowan Trollope, Senior Vice President Internet of Things (IoT), said the company would now be able to offer a more complete solution.

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Cisco Snaps Up Jasper Technologies, Filling the Cellular Gap in IoT Stack

Related Research
Cisco has moved to snap up privately held Jasper Technologies with a proposed acquisition of $1.4 billion, which is believed to be as much as 20 times the company's annual revenue in 2015. Describing the move as a huge step forward for Cisco, Rowan Trollope, Senior Vice President Internet of Things (IoT), said the company would now be able to offer a more complete solution.
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No Index No
Podcast No
Author Sheridan Nye
Industries Telecom
WIP Number 9B06-00-0D-00-00
Is Prebook No